283
283
Dec 4, 2012
12/12
by
KPIX
tv
eye 283
favorite 0
quote 0
how to avoid the "fiscal cliff" this morning at the white house. >> we're not sort of saying it should be that plan or that plan. i think what we all agree on is something has to get done. >> as governors we think it's important that we're part of the discussions both in terms of the impact it has on our finances and our economies. >> reporter: state government cost lose much-needed federal aid if democrats and republicans don't reach a deal to stop automatic spending cuts before the end of the year. the other issue is taxes. congressional republicans want bush-era tax cuts extended for all americans. president obama says those tax cuts must expire for households making $250,000 or more. >> it's a position that is supported by a majority of the american people. and, you know, we need to see from republicans an acknowledgement of that. >> reporter: the gop proposal that the white house quickly rejected closes tax loopholes and reduces deductions to raise 800 billion-dollar in new revenue. the plan cuts $600 billion in healthcare entitlement programs. >> we are overspending and until you
how to avoid the "fiscal cliff" this morning at the white house. >> we're not sort of saying it should be that plan or that plan. i think what we all agree on is something has to get done. >> as governors we think it's important that we're part of the discussions both in terms of the impact it has on our finances and our economies. >> reporter: state government cost lose much-needed federal aid if democrats and republicans don't reach a deal to stop automatic...
261
261
Dec 4, 2012
12/12
by
FOXNEWSW
tv
eye 261
favorite 0
quote 0
house republicans unveiling a bold proposal to avoid a so-called fiscal cliff. the white house didn't waste any time attacking it. kelly wright is live in washington with more on this. good morning, kelly. >> good morning to you. the back and forth is continuing in a letter with president obama. american people expect leaders to find fair middle ground with the nation's most pressing challenges. with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders have been adamant they don't believe rates ought to go up on the top 2 percent of wealthiest americans. the american people overwhelmingly disagree. the rates have to rise and republicans
house republicans unveiling a bold proposal to avoid a so-called fiscal cliff. the white house didn't waste any time attacking it. kelly wright is live in washington with more on this. good morning, kelly. >> good morning to you. the back and forth is continuing in a letter with president obama. american people expect leaders to find fair middle ground with the nation's most pressing challenges. with that they propose is a counter over for the fiscal cliff. the republican plan has will00...
181
181
Dec 3, 2012
12/12
by
FOXNEWSW
tv
eye 181
favorite 0
quote 0
counteroffer to president obama's plan to keep us from falling over the fiscal cliff after the white house sent geithner to the hill last week outlining the democrats' plan which the republicans called "a joke." we are less than a month from going over the fiscal cliff and the term economists call the series of spending cuts and expiring tax breaks that will take effect the first of the year. that could cost millions of jobs and lead to a new recession. it is basically austerity on steroids. republicans with their counteroffer today again reject the president's plan if higher taxes on families earning more than $250,000 a year. wendell is live at the white house. if they reject that i don't know how far this will go. the president could blink but his eyes seem wide open. >>reporter: it is a nonstarter if they reject continuing the upper income tax cuts. the republicans say the plan cuts the deficits by $4.6 trillion based on the white house method of counting based on the recommendations of the president's deficit reduction commission but the president could disagree. the republicans
counteroffer to president obama's plan to keep us from falling over the fiscal cliff after the white house sent geithner to the hill last week outlining the democrats' plan which the republicans called "a joke." we are less than a month from going over the fiscal cliff and the term economists call the series of spending cuts and expiring tax breaks that will take effect the first of the year. that could cost millions of jobs and lead to a new recession. it is basically austerity on...
217
217
Nov 29, 2012
11/12
by
CNNW
tv
eye 217
favorite 0
quote 0
cliff, and achieving t the balance the white house says it wants. i made clear we put real concessions on the line by putting revenues on the table right up front. unfortunately, many democrats continue to rule out sensible spending cuts that must be part of any significant agreement that will reduce our deficit. and mr. bowles himself said there is no serious discussion of spending cuts so far. and unless there is, there is a real danger of going off the fiscal cliff. listen, going off the fiscal cliff will hurt our economy and will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to be impossible to address our country's debt crisis. and get our economy going again and to c
cliff, and achieving t the balance the white house says it wants. i made clear we put real concessions on the line by putting revenues on the table right up front. unfortunately, many democrats continue to rule out sensible spending cuts that must be part of any significant agreement that will reduce our deficit. and mr. bowles himself said there is no serious discussion of spending cuts so far. and unless there is, there is a real danger of going off the fiscal cliff. listen, going off the...
188
188
Dec 4, 2012
12/12
by
CNNW
tv
eye 188
favorite 0
quote 0
i'm certain if this is not good enough for the white house, we will go over the fiscal cliff. >> this is a compromise on taxes. this is a compromise on mandatory spending. and it's a compromise on discretionary spending over what the select committee had debated. >> i should mention that erskine bowles has put out a statement himself. while i'm flattered the speaker would call something the bowles plan. the outline in the letter the speaker sent to the president does not represent the bowles simpson plan, nor is it the bowles plan in my testimony on deficit reduction. i simply took the mid point of the public offers, put forward during the negotiations to demonstrate where i thought a deal could be reached at the time. he's very much backing away from speaker boehner's letter. the question i wanted to ask you is some of the details, as you know, it's all in. >> can we spin one more point on that? >> absolutely. >> here's speaker boehner who is taking a mid point on the compromise between the two sides and offered it, and it's already flatley rejected? >> i think he may be rejected, si
i'm certain if this is not good enough for the white house, we will go over the fiscal cliff. >> this is a compromise on taxes. this is a compromise on mandatory spending. and it's a compromise on discretionary spending over what the select committee had debated. >> i should mention that erskine bowles has put out a statement himself. while i'm flattered the speaker would call something the bowles plan. the outline in the letter the speaker sent to the president does not represent...
228
228
Nov 30, 2012
11/12
by
MSNBCW
tv
eye 228
favorite 0
quote 0
averts the fiscal cliff. millions of americans are not finding this partisan fighting so funny. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. we create easy-to-use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! we knew you needed a platform that could really help you elevate your trading. so we built it. chances of making this? it's a lot easier to find out if a trade is potentially profitable. just use our trade & probability calculator and there it is
averts the fiscal cliff. millions of americans are not finding this partisan fighting so funny. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok....
26
26
tv
eye 26
favorite 0
quote 0
has made a counteroffer to the white house on the fiscal cliff and the endless conversation continues today with president obama giving his first post-election one on one interview here's a snippet i think reassured the man when will the two of you sit down in or around the you know i don't think that the issue right now that's to do with sitting in a room. there was plenty of that throughout the interview but do these twenty four seven deficit debates do you want to undermine perceptions of america and the dollars position in the international monetary system then they do to address the nation's growing debt real discuss uncle sam exorbitant privilege despite the budget woes and assess the competitive currency landscape plus the dollar fell against other currencies to a six week low this morning according to reuters which cited concerns over a fiscal cliff deal but what does the so-called dollar index really gauge when it comes to the greenbacks true value will break it down and word of the day and paying people to track the comings and goings of private corporate jets and the big wi
has made a counteroffer to the white house on the fiscal cliff and the endless conversation continues today with president obama giving his first post-election one on one interview here's a snippet i think reassured the man when will the two of you sit down in or around the you know i don't think that the issue right now that's to do with sitting in a room. there was plenty of that throughout the interview but do these twenty four seven deficit debates do you want to undermine perceptions of...
200
200
Dec 4, 2012
12/12
by
CNNW
tv
eye 200
favorite 0
quote 0
i'm certain if this is not good enough for the white house, we will go over the fiscal cliff because this is a compromise on taxes. this is a compromise on mandatory spending and it's a compromise on discretionary spending over what the select committee had debated. >> the details if we can and i should mention that erskine bowles put out a statement saying this -- does not represent the bowles-simpson plan, nor is it the bowles plan. in my testimony before the joint select committee on deficit reduction, i simply took the midpoint of the public offers to demonstrate where i thought a deal could be reached at the time. he's very much backing away from speaking boehner's letter, but the question i wanted the to ask you -- >> can we spend one more point on that? >> of course. >> what did he say? that was the midpoint of a compromise from the two. so, here's speaker boehner who is taking a new point on the compromise between the two sides and offered it and it's already flatly rejected? >> i think what he might be rejecting, sir, if i may -- >> no, i'm not talking abo about erskine bowl
i'm certain if this is not good enough for the white house, we will go over the fiscal cliff because this is a compromise on taxes. this is a compromise on mandatory spending and it's a compromise on discretionary spending over what the select committee had debated. >> the details if we can and i should mention that erskine bowles put out a statement saying this -- does not represent the bowles-simpson plan, nor is it the bowles plan. in my testimony before the joint select committee on...
351
351
Dec 4, 2012
12/12
by
KPIX
tv
eye 351
favorite 0
quote 0
. >> i'm certain that if this is not good enough for the white house, we will go over the fiscal cliff. >> the white house rejects a republican counter offer. >> john boehner sent a proposal that offers more than $2 trillion in deficit reductions but no tax increase. >> he will not sign an extension of the bush era tax cuts for the top 2%. >> folks worried about the fiscal cliff, are you like me? are you worried about it and have no idea what it is? >> according to state tv iran's revolutionary guard captured a u.s. drone after it entered the iriranian air space over the persian gulf. >> but u.s. navy official says there are no missing drones. >> prince william and his wife katherine, expecting their first child. >> after the duchess was admitted to hospital. >> that child could grow up to be one of the most powerful unemployed people in the world. >> a search is under way in new york for a man accused of pushing another man to his death in the subway. >>> rg3, he made opportunities. >> 17-16 washington redskins. >> all that -- >> why don't you shut up? >> you are an embarrassment. >>
. >> i'm certain that if this is not good enough for the white house, we will go over the fiscal cliff. >> the white house rejects a republican counter offer. >> john boehner sent a proposal that offers more than $2 trillion in deficit reductions but no tax increase. >> he will not sign an extension of the bush era tax cuts for the top 2%. >> folks worried about the fiscal cliff, are you like me? are you worried about it and have no idea what it is? >>...
77
77
Nov 29, 2012
11/12
by
FBC
tv
eye 77
favorite 0
quote 0
house to add vert the fiscal cliff scheduled for tomorrow, but, guess what? the president will not be attending it, secretary tim geithner will. regardless of the -show tomorrow, president obama is hopeful to get a deal done by christmas, not inspiring confidence for pushing small businesses as key democrati leaders refuse to put entitlements on the table. for more on all of this, republican congressman langford of oklahoma. congressman, welcome back, always great to have youere. >> thank y very much. gerri: president with strong words for congress. here's what he had to say. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next wreer. right now, as we speak, coness can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. gerri: there's the president calling out congress. what do you have to say, congressman? >> yeah, here we go in the middle of this. the house passed all our tax things in april. we passed the sequestering documents in may. we waited for the sena
house to add vert the fiscal cliff scheduled for tomorrow, but, guess what? the president will not be attending it, secretary tim geithner will. regardless of the -show tomorrow, president obama is hopeful to get a deal done by christmas, not inspiring confidence for pushing small businesses as key democrati leaders refuse to put entitlements on the table. for more on all of this, republican congressman langford of oklahoma. congressman, welcome back, always great to have youere. >> thank...
207
207
Dec 6, 2012
12/12
by
CNNW
tv
eye 207
favorite 0
quote 1
. >> this fiscal cliff thing, the problem with the republicans larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> with which i agree but i think the risk here for the gop is that they become the party of rich people. and i think you saw that in the election. i don't think that is their intent. i think their intent is quite sound. >> they are becoming the party of rich white older men. you can't think of any other section of the community right now thinking the republican party is for me. >> i think that is why the politics of this make it possible to go over the cliff. i think the democrats see if we go over the cliff the republicans get blamed. meanwhile. i think the republicans worry about bei ining blamed by a pri contender with the field. that doesn't mean they are obliged to stop this. his own party i
. >> this fiscal cliff thing, the problem with the republicans larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> with which i agree but i think the risk here for the gop is that they become the party of...
238
238
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 238
favorite 0
quote 0
but yes, the white house would, "absolutely go over the fiscal cliff" if the republicans would not raise tax rates. now republicans are pointing back to july 2011. this statement by president obama. >> yes, said give us $1.# trillion in additional revenues that could be accomplished without hiking tax rates, but could simply be accomplished by eliminating loopholes. eliminating deductions. and engaging in a tax reform process that could lowered rates generally while broadening the base. >> bret: the white house is saying it's out of context but not specifically how out of context. bring in the panel. steve hayes for "weekly standard." kirsten powers for daily beast. syndicated columnist, charles krauthammer. charles? >> look, i love when the president says we need conceptual break through. meaning the republicans have to accept a hike in rates. what he means is a political surrender. because there is no economic reason why you cannot raise the money he wants raised. by doing it through eliminating deductions, inclusions and credit. number one as we saw he, himself, said so. a year-and-a-
but yes, the white house would, "absolutely go over the fiscal cliff" if the republicans would not raise tax rates. now republicans are pointing back to july 2011. this statement by president obama. >> yes, said give us $1.# trillion in additional revenues that could be accomplished without hiking tax rates, but could simply be accomplished by eliminating loopholes. eliminating deductions. and engaging in a tax reform process that could lowered rates generally while broadening...
142
142
tv
eye 142
favorite 0
quote 0
republicans submitted their solution to the fiscal cliff yesterday. white house and other democrats dismissed it immediately. take a look at how that affected the market this morning. not at all. the dow is up 43. 13,000 is where we are. liz macdonald says we will see is a last minute deal, christmas eve, new year's eve, on the fiscal cliff. we shall see. next, a special early my take. i am fired up about the prospect of ambassador anna wintour. i couldn't wait for the normal time. i'm going to do it early. stay right there. and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. that's why ally has ia raise your rate cd.n. ally bank. your money needs an ally. stuart: california high taxes, strict green laws, a liberal supermajority in the statehouse, not exactly business friendly. that's why so many businesses are leaving. they are going to places like phoenix. so we're going to talk to the mayor of phoenix. greg stanton, what is he offering to the california refugees to get them t
republicans submitted their solution to the fiscal cliff yesterday. white house and other democrats dismissed it immediately. take a look at how that affected the market this morning. not at all. the dow is up 43. 13,000 is where we are. liz macdonald says we will see is a last minute deal, christmas eve, new year's eve, on the fiscal cliff. we shall see. next, a special early my take. i am fired up about the prospect of ambassador anna wintour. i couldn't wait for the normal time. i'm going to...
158
158
tv
eye 158
favorite 0
quote 0
i thought of slick willie today as i was listening to the reporting of the fiscal cliff. the president's point man saying of the weekend shows, higher taxes must be a part of any resolution with republicans, presumably the white house teams thinks the wealthy are where the money is. i have some news for him. that strategymay just not work. consider britain. after the government announced a plan to levy a 50 percent income tax on people earning a million pounds or more big nber of people in tt category shrunk. check out these numbers. the number of millionai tax filers in 2009. by the time, te tomb of the law went into affect it fell. the government had been its @%pes on raising two and a half billion pounds in new revenue but the law of unintended consequences to cold. suddenly and inexplicably there were 60 percent fewer millionairess. british million has contributed 13 and a half billion pounds or 9 percent of all the governme and come before the hike. fast forward. millionaire taxes raised six and a half billion pounds or less. for a half percent after the hike. that i
i thought of slick willie today as i was listening to the reporting of the fiscal cliff. the president's point man saying of the weekend shows, higher taxes must be a part of any resolution with republicans, presumably the white house teams thinks the wealthy are where the money is. i have some news for him. that strategymay just not work. consider britain. after the government announced a plan to levy a 50 percent income tax on people earning a million pounds or more big nber of people in tt...
138
138
Nov 29, 2012
11/12
by
FOXNEWSW
tv
eye 138
favorite 0
quote 0
james carney said the president is now open to spending cuts being part of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done and spending changes next year and the republicans say, not so were. second, a phone call teen the -- between the president and speaker boehner and carney said the president laid out any deal has to have an increase in tax rates but he would not be specific suggesting there is flexibility. the top rate does nut have to be 39.6 back from clinton, but something to get a deal jump started. mitt romney was here for lunch the first meeting since after the election and it was awkward and the menu included turkey chili and a white house readout said they promised to "keep in touch" if the opportunity arises where their interests intersect, maybe another way of saying not so much. >>neil: turkey chili. >>guest: healthy. >>neil: it is. and you are healthy. they are not close to a deal? they aren't close to a deal? what is the deal? we don't know. when we get a deal, and they will, it will be because of something we don't see, n
james carney said the president is now open to spending cuts being part of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done and spending changes next year and the republicans say, not so were. second, a phone call teen the -- between the president and speaker boehner and carney said the president laid out any deal has to have an increase in tax rates but he would not be specific suggesting there is flexibility. the top rate does nut have to be 39.6 back...
1,137
1.1K
tv
eye 1,137
favorite 0
quote 0
ashley: the white house releasing a photo of president obama tweeting about the fiscal cliff. so far his answers are a blinding glimpse of the obvious. we will continue to monitor that. we will bring you the latest. you can also watch it on fox business.com. tracy: there is not that many. i am kind of surprised he has not gotten more questions. ashley: i think no one is bothering. tracy: the answers are pretty obvious. thirty past the hour. time to get a check on the markets. lauren simonetti on the floor. >> i do not know, we are struggling to stay near 13,000. >> there is a lot of time coming up between now and then. let's just try to get to the week where we are right now. everyone is talking about the fiscal cliff and the unemployment number. with the clouds over the market, i think investors will play it very tightly coming into year end. there are people positioning themselves for next year. we cannot forget about the economic data that will help us into next year. i think it is important we get a good implement number here. >> what are you thinking for friday with the j
ashley: the white house releasing a photo of president obama tweeting about the fiscal cliff. so far his answers are a blinding glimpse of the obvious. we will continue to monitor that. we will bring you the latest. you can also watch it on fox business.com. tracy: there is not that many. i am kind of surprised he has not gotten more questions. ashley: i think no one is bothering. tracy: the answers are pretty obvious. thirty past the hour. time to get a check on the markets. lauren simonetti...
413
413
Dec 4, 2012
12/12
by
CNNW
tv
eye 413
favorite 0
quote 0
fiscal cliff. the president says the republicans have to agree to raising the marginal tax rate for the wealthiest top 2% from 35%. does he mean it has to go back up to 39.6% as was the case during the clinton administration or is there some wiggle room in between 35% and 39.6%? >> the president has repeatedly said there's room for compromise. but what this boils down to is a matter of fairness and a matter of math. giving certainty to the middle class is essential. there's no way mathematically, if you look at the republican's proposal, that you can get to the deficit reduction that we need to with preserving the middle class tax cuts by not increasing as the republicans refuse to do the upper tier rates. there's room for discussion, but that -- >> so the 39.6%, that's not a red line? >> as far as i know and the conversations i've had, the president has said there's room for compromise, but for the red line to be drawn in the sand by republicans to say that an increase in rates on the wealthiest a
fiscal cliff. the president says the republicans have to agree to raising the marginal tax rate for the wealthiest top 2% from 35%. does he mean it has to go back up to 39.6% as was the case during the clinton administration or is there some wiggle room in between 35% and 39.6%? >> the president has repeatedly said there's room for compromise. but what this boils down to is a matter of fairness and a matter of math. giving certainty to the middle class is essential. there's no way...
151
151
Dec 4, 2012
12/12
by
CNNW
tv
eye 151
favorite 0
quote 0
so with 29 days to go until the fiscal cliff, what would it take to get a deal? joining me now, men on opposite sides, grover norquist, president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given that both sides know where they need to move, why the games? >> well, it's not clear that both sides know. the week after the election, president obama was asked do you have to have the higher rates or could we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving th
so with 29 days to go until the fiscal cliff, what would it take to get a deal? joining me now, men on opposite sides, grover norquist, president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous...
154
154
tv
eye 154
favorite 0
quote 0
cliff. republicans and democrats in congress appeared no closer to a compromise. here's abc's tahman bradley. >> reporter: congressional republicans' counterproposal was dead on arrival. the white house quickly rejected the $2.2 trillion deficit reduction plan, that would raise $800 billion in tax revenue over the next decade. but the plan calls for raising the revenue without raising tax rates on top income earners, something the white house views as unacceptable. during a photo op, the president avoided questions about the gop plan. >> no deal better than a bad deal, sir? >> reporter: a senior white house official called the proposal a step backwards. saying if republicans do not agree to some higher tax rates for the wealthy, the nation will go over the fiscal cliff, and the american people will hold them responsible. democrats also take issue with the proposal's spending cuts to medicare and social security. republican counter that tough cuts are needed to tackle the soaring debt, leavin
cliff. republicans and democrats in congress appeared no closer to a compromise. here's abc's tahman bradley. >> reporter: congressional republicans' counterproposal was dead on arrival. the white house quickly rejected the $2.2 trillion deficit reduction plan, that would raise $800 billion in tax revenue over the next decade. but the plan calls for raising the revenue without raising tax rates on top income earners, something the white house views as unacceptable. during a photo op, the...
217
217
tv
eye 217
favorite 0
quote 0
january 1st, fiscal cliff getting closer. boehner the president a letter you lining the republicans' plan it took two hours for the white house to reject it, saying it benefits wealth any and sticks middle class with the bill. republicans want cuts to -- [ unintelligible ] we have quiet start here on wall street, positive, dow and s&p, nasdaq lower investors continuing to track what is going on in washington. bloomberg index this morning a little lower. another positive report on home prices up 6.3% in october biggest jump since june of 2006. pending forecast indicates november index up more than 7% in california better, up more than 9% in october. live at the new york stock exchange, i'm jane king. >> you passed on grease how about a little singing in the rain? >> [ unintelligible ] >> if mike wants to sing, go ahead. >> sing and dance. >> soft shoe over there. >> i have an umbrella for you. you -- good morning. 6:48, looking from mount tamalpais this morning back down on what is mainly cloudy to the south, turning to the no
january 1st, fiscal cliff getting closer. boehner the president a letter you lining the republicans' plan it took two hours for the white house to reject it, saying it benefits wealth any and sticks middle class with the bill. republicans want cuts to -- [ unintelligible ] we have quiet start here on wall street, positive, dow and s&p, nasdaq lower investors continuing to track what is going on in washington. bloomberg index this morning a little lower. another positive report on home...
356
356
Dec 5, 2012
12/12
by
KPIX
tv
eye 356
favorite 0
quote 0
yesterday at the white house there were vague references to conversations about the the fiscal cliff with congress iion republicans. i can confirm this morning through my sources here at the white house and on capitol hill that there were no substantive conversations or negotiations yesterday at all. no formal e-mails, to conversations, nothing. house speaker boehner's countdown led to the lighting of the capitol hill christmas tree last night. >> three, two, one. >> reporter: but washington is counting down this month to the dark unknown of the fiscal cliff. >> thanks for having me. >> reporter: on his first view sbr interview on the fiscal cliff, he rejected john boehner's proposal. >> unfortunately the speaker's proposal is out of balance. >> reporter: raising taxes on households earning more than $250,000. >> we'll have to see the rates on the top 2% go up. we're not going to be able to get a deal without it. >> reporter: republicans want smaller tax increases overall and no movement on higher income tax rates. they want to cut unnamed tax bre breaks and deductions, which they sa
yesterday at the white house there were vague references to conversations about the the fiscal cliff with congress iion republicans. i can confirm this morning through my sources here at the white house and on capitol hill that there were no substantive conversations or negotiations yesterday at all. no formal e-mails, to conversations, nothing. house speaker boehner's countdown led to the lighting of the capitol hill christmas tree last night. >> three, two, one. >> reporter: but...
613
613
Dec 3, 2012
12/12
by
CNNW
tv
eye 613
favorite 0
quote 0
. >>> the white house has just responded to the new fiscal cliff offer from house republicans. let's bring in our chief white house correspondent jessica yellin. jessica, how's the response? >> reporter: hi, wolf. it should not be a surprise that the white house is dismissing the house republicans' offer as an unserious offer because it does not address a raise in tax rates. here's a statement from dan pfeiffer, the communications director here at the white house. he says in a statement in part, quote, the republican letter released today does not meet the test of balance. in fact, it actually promises to lower tax rates for the wealthy and sticks the middle class with the bill. the republicans' plan includes nothing new and provides no details on which deductions they would eliminate, which loopholes they will close or which medicare savings they would achieve. he goes on to say, until the republicans in congress are willing to get serious about asking the wealthiest to pay slightly higher tax rates, we won't be able to achieve a significant, balanced approach to reduce our de
. >>> the white house has just responded to the new fiscal cliff offer from house republicans. let's bring in our chief white house correspondent jessica yellin. jessica, how's the response? >> reporter: hi, wolf. it should not be a surprise that the white house is dismissing the house republicans' offer as an unserious offer because it does not address a raise in tax rates. here's a statement from dan pfeiffer, the communications director here at the white house. he says in a...
151
151
Dec 5, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
. >>> talks between the white house and republicans over the fiscal cliff are grinding to a hold. house speaker john boehner dealing with division in the gop's ranks to his budget plan. we've got a shanghai surprise. china's mainland markets up over nearly 3% after beijing's new leaders called for economic stability and new business growth. and it looks like more austerity for britain. george osborne getting ready to release his autumn statement. >>> nokia shares a little bit high today. they are teaming up with china mobile, giving access to the world's biggest mobile phone markets. >>> if you just got up, very warm welcome to the start of your global trading day. stocks are on the front foot this morning. this is where we stand with u.s. futures. currently called up around about 30 points higher. the dow down, what, 13 points? the nasdaq called up just under 40 points. the s&p 500 at the moment is called up just over three points. it was down two points yesterday. european stocks doing a little built better. they were as flat as a pancake, as i've been saying. as flat as my panc
. >>> talks between the white house and republicans over the fiscal cliff are grinding to a hold. house speaker john boehner dealing with division in the gop's ranks to his budget plan. we've got a shanghai surprise. china's mainland markets up over nearly 3% after beijing's new leaders called for economic stability and new business growth. and it looks like more austerity for britain. george osborne getting ready to release his autumn statement. >>> nokia shares a little bit...
282
282
Nov 30, 2012
11/12
by
CNNW
tv
eye 282
favorite 0
quote 1
he is pushing his plan to avoid the fiscal cliff. is he standing firm on raising taxes for the wealthiest americans. want to bring in our chief white house correspondent jessica yell toin give us a breakdown of exactly what he has put on the table here because we know that both sides, they start off strong. they start off with the best offer they got, the strongest offer they got, and clearly, the republicans not quite happy about it. what is he offering? >> it's sort of a starting position from the white house. what secretary geithner laid out when he was visiting capitol hill yesterday was the headline $1.6 trillion in new taxes as part of their overall vision to increase those taxes for people making $250,000 more, but that also includes some changes to how much people can deduct, closing loopholes. increasing taxes for dividends and capital gains and some other things. then some other aspects of the wish list from the president. $50 billion in new stimulus spending next year, and then in return they would find $400 billion in cut
he is pushing his plan to avoid the fiscal cliff. is he standing firm on raising taxes for the wealthiest americans. want to bring in our chief white house correspondent jessica yell toin give us a breakdown of exactly what he has put on the table here because we know that both sides, they start off strong. they start off with the best offer they got, the strongest offer they got, and clearly, the republicans not quite happy about it. what is he offering? >> it's sort of a starting...
210
210
Dec 6, 2012
12/12
by
CNBC
tv
eye 210
favorite 0
quote 0
as this fiscal cliff negotiations continues, they think boehner is trying to warn conservatives about going against any kind of deal he cuts with the white house. so as a warning, boehner is saying i'm going to boot you off your committee if you go against something i do. a lot of conservatives don't like it when he plays hardball. they're going to continue to fight back just like senator demint is doing right now. >> but he's also going to lose some votes on the moderate side. a couple dozen republican house members signed a bipartisan letter that says let's look at all kinds of tax rates, not just the deduction, but tax rates in relation to other spending. so you've got republicans jumping ship on both sides. >> that's exactly right. the speaker is going to have to make a critical choice, because the lines are being drawn in the sand right now here on capitol hill. you have the conservatives who are being booted off the committee. they're very angry with the speaker. they're not going to move at all on tax rates. but you've got a lot of moderates in the republican conference from th
as this fiscal cliff negotiations continues, they think boehner is trying to warn conservatives about going against any kind of deal he cuts with the white house. so as a warning, boehner is saying i'm going to boot you off your committee if you go against something i do. a lot of conservatives don't like it when he plays hardball. they're going to continue to fight back just like senator demint is doing right now. >> but he's also going to lose some votes on the moderate side. a couple...
50
50
tv
eye 50
favorite 0
quote 0
this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather agree with you. probably shouldn't. but i do. i think divided government is very difficult. and there's some principles that speaker boehner is fighting for, with which i actually agree. but i think politically, the risk here for the gop, is they've become the party of rich people. and they give up the middle-class to the democrats. and i think you saw some of that in the presidential election. i don't think that's their intent. i think their tax reform intent is quite sound. but the way this is playing out, i think that's a big risk for them. >> they're becoming the party of rich, white, older men, is
this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather...
294
294
Dec 4, 2012
12/12
by
CNNW
tv
eye 294
favorite 0
quote 0
house to discuss how badly this fiscal cliff could affect them out there in those states who rely heavily on the feds and how automatic deficit reduction measures will hurt state budgets. federal aid is big, big, big to the states. federal grants make up a third of state revenue. at the table, utah's governor gary herbert, government falli number, governor walker, minnesota's governor mark dayton, and arkansas's mike beebe. what they said when they emerged from the meeting. >> we have ideas how we can save money, how we can be able to create more efficiencies and government and spending with some of the different demonstrations that we've done in our various states we plan on getting back to the president, vice president with our suggestions and ideas. >> none of us want to see taxes on middle class folks go up. and we think it would have a significantly negative impact on the economy but we're not backing one particular plan or the other. >> let's take you overseas to syria where rebels have been gaining ground against government forces. rebels trapped 450 soldiers in side a sprawling mi
house to discuss how badly this fiscal cliff could affect them out there in those states who rely heavily on the feds and how automatic deficit reduction measures will hurt state budgets. federal aid is big, big, big to the states. federal grants make up a third of state revenue. at the table, utah's governor gary herbert, government falli number, governor walker, minnesota's governor mark dayton, and arkansas's mike beebe. what they said when they emerged from the meeting. >> we have...
248
248
Dec 4, 2012
12/12
by
CNNW
tv
eye 248
favorite 0
quote 0
. >> i'm certain that if this is not good enough for the white house, we will go over the fiscal cliff. this is a compromise on taxes. >> so the white house now, christine, is insisting that they won't talk specifics on entitlement reform, which is what republicans want until they budge on those income tax rates, budging on increasing them for wealthy americans. as you know, republicans at this point dug in saying they're not going to do that. the white house feels they have the upper hand here because so many americans, we talked about 7 in 10 think those income tax rates should go up. >> this is a proposal, there are some differences, bowles would not have raged the eligibility age for social security. what does he think of this plan? >> he also thinks another big thing is missing, that's increasing those tack rates for wealthy americans. here's what he said. >> i am positive to get a deal done you will have to have higher tax rates on the top 2%. i'm equally sure the $350 billion worth of cuts that the president put on the table for health care entitlements is not going to be suffic
. >> i'm certain that if this is not good enough for the white house, we will go over the fiscal cliff. this is a compromise on taxes. >> so the white house now, christine, is insisting that they won't talk specifics on entitlement reform, which is what republicans want until they budge on those income tax rates, budging on increasing them for wealthy americans. as you know, republicans at this point dug in saying they're not going to do that. the white house feels they have the...
334
334
Dec 4, 2012
12/12
by
FOXNEWSW
tv
eye 334
favorite 0
quote 0
shoots down the republican's offer to avoid the fiscal cliff. is he really looking to compromise or is it the president's favorite deal no deal at all? laura ingraham weighs in live from washington in moments. >> brian: the dare program teaches kids about the dangers of drugs, won't talk about pot anymore. the reason? kids will smoke it anyway. they're giving up. really? really? "fox & friends" starts now. >> steve: that is something that they're scratching pot off the list. >> brian: it's legal now in some states and people are making believe they have illnesses so they can smoke it and buy it with prescriptions. >> gretchen: you don't have to make anything up. you can say you have a headache. >> brian: in colorado? can you write a -- you can't, but could dr. siegle? >> steve: for medical marijuana. >> brian: in new york? >> steve: i bet he could if if were legal here. >> gretchen: he was going to sew up your coat and so much more earlier today. >> brian: i don't need a surgeon necessarily. >> gretchen: let's get to your headlines. fox news ale
shoots down the republican's offer to avoid the fiscal cliff. is he really looking to compromise or is it the president's favorite deal no deal at all? laura ingraham weighs in live from washington in moments. >> brian: the dare program teaches kids about the dangers of drugs, won't talk about pot anymore. the reason? kids will smoke it anyway. they're giving up. really? really? "fox & friends" starts now. >> steve: that is something that they're scratching pot off the...
263
263
Dec 4, 2012
12/12
by
CNNW
tv
eye 263
favorite 0
quote 0
house, we will go over the fiscal cliff. this is a compromise on taxes. >> now as soon as speaker boehner's counter offer came out, the white house communications director responded, saying this is nothing new, saying it lacks specifics. i will tell you sort of behind the scenes there was a democratic leadership aid that told cnn that actually, soledad -- this may surprise you -- that the offer passed the laugh test. it does have some of the things that were in the grand bargain, that failed grand bargain worked out between -- where president obama and speaker boehner tried to work out last year. and also -- while certainly both sides are saying that specifics are lacking, there is certainly, i think, a feeling from some democrats that maybe it could have been worse. maybe they were expecting something that in their estimation might have been even more towards what republicans would want. >> brianna keilar, thank you. i guess we're supposed to be encouraged that everybody wasn't just giggling over the proposals. rks said the
house, we will go over the fiscal cliff. this is a compromise on taxes. >> now as soon as speaker boehner's counter offer came out, the white house communications director responded, saying this is nothing new, saying it lacks specifics. i will tell you sort of behind the scenes there was a democratic leadership aid that told cnn that actually, soledad -- this may surprise you -- that the offer passed the laugh test. it does have some of the things that were in the grand bargain, that...
120
120
Nov 29, 2012
11/12
by
CSPAN
tv
eye 120
favorite 0
quote 0
one of the thorniest elements of the so-called fiscal cliff. host: that's the lead story this morning in the "wall street journal." marisa is a democrat in montana. marisa, good morning to you. the g.o.p. says address the spending problem. what do you think? caller: oh, thank you so much for taking my call. i'm so grateful and so grateful for c-span. let's never forget the dark days of the bush administration when dan rather got fired and no one would talk about anything. this open dialogue, which does lead to solution of problems. i'm so grateful, thank you c-span. i would like to say that i can remember at the very beginning of the bush administration when those democratic congressmen got up and said if we do this we're going to have these dire financial problems. sure enough we did. and then it's the bush's administration lack of leadership that has brought us into all these gigantic problems like the b.p. oil spill, due to lack of oversight. so thank you so much, we can solve our problems, there is such a thing as a possiblist, possibility,
one of the thorniest elements of the so-called fiscal cliff. host: that's the lead story this morning in the "wall street journal." marisa is a democrat in montana. marisa, good morning to you. the g.o.p. says address the spending problem. what do you think? caller: oh, thank you so much for taking my call. i'm so grateful and so grateful for c-span. let's never forget the dark days of the bush administration when dan rather got fired and no one would talk about anything. this open...
223
223
Dec 3, 2012
12/12
by
CNBC
tv
eye 223
favorite 0
quote 0
hits the fiscal cliff. both sides are blaming each other. timothy geithner pushing the gop to offer specific ideas and predicts they will eventually yield on raising tax rates on the wealthy. house speaker john boehner standing firm against higher taxes. sgr we' >> we've put a serious offer on the table by putting revenues up there. but the white house has responded with virtually nothing. >> why does it make sense for the country to force tax increases on all americans because of a small group of republicans won't extend tax rates for 2% of americans. there's no reason why that should happen. >> democratic strategy from bgr joining us. we'll always get a standoff at some point in these negotiations. is it a terminal standoff? when does somebody blink? >> it's not a matter of who will blink or not. i think that the republicans are trying to go tit for tat with the president. you have to realize that the president has the bully pulpit and the ability to command media. so the republicans feel the need to respond to every maneuver. i think fran
hits the fiscal cliff. both sides are blaming each other. timothy geithner pushing the gop to offer specific ideas and predicts they will eventually yield on raising tax rates on the wealthy. house speaker john boehner standing firm against higher taxes. sgr we' >> we've put a serious offer on the table by putting revenues up there. but the white house has responded with virtually nothing. >> why does it make sense for the country to force tax increases on all americans because of a...
130
130
Dec 5, 2012
12/12
by
CSPAN2
tv
eye 130
favorite 0
quote 1
last week's proposals in the white house amount to little more than a massive set of tax increases. by the way, far in excess of the tax hikes that he ran on or anything that senate democrats would support coupled with new spending. even democrats don't support what he called for. and his response to speaker banspeakerboehner's balanced plt year welcome back to raising taxes again. it hato cap to off, they have tn in a fresh demand that would limit any -- would eliminate, rather, any limit on the federal debt. the proposal outline bid treasury secretary geithner last week shows that if given a chance, democrats will never use new taxes to reduce the deficit. they will instead use it to pay for larger government, more public workers, and more government waste. we need to have a serious conversation about our federal debt, which is now over $16.3 trillion and going up every day. how do we get that number under control? the president and his democratic friends have suggested for years that they can do it on the revenue side; specifically, by taxing the wealthy. yet the new taxes on the
last week's proposals in the white house amount to little more than a massive set of tax increases. by the way, far in excess of the tax hikes that he ran on or anything that senate democrats would support coupled with new spending. even democrats don't support what he called for. and his response to speaker banspeakerboehner's balanced plt year welcome back to raising taxes again. it hato cap to off, they have tn in a fresh demand that would limit any -- would eliminate, rather, any limit on...
128
128
Dec 6, 2012
12/12
by
CURRENT
tv
eye 128
favorite 0
quote 0
the white house is absolutely ready to go over the fiscal cliff this january. that's the word from treasury secretary timothy geithner who appeared yesterday in an interview with cnbc. taxes are still the major impact and geithner says there is no path to an agreement that does not involve a tax hike on the wealthiest 2%. even some members of the g.o.p. are encouraging lawmakers to support the tax hikes in exchange for a broader deal on health and retirement programs. mainly republicans want to see an increase in the medicare eligibility age as well as a smaller amount of inflation applied to social security. the longer speaker boehner waits on a compromise, less bargaining power he will have. many say now is the time to give in on taxes. it is a big day in washington state for same-sex couples who will be able to pick up their wedding certificates today. voters in washington, maine and maryland approved same-sex marriage on the ballot in november. and yesterday, governor chris gregoire signed that into law calling this the last step for marriage equality in th
the white house is absolutely ready to go over the fiscal cliff this january. that's the word from treasury secretary timothy geithner who appeared yesterday in an interview with cnbc. taxes are still the major impact and geithner says there is no path to an agreement that does not involve a tax hike on the wealthiest 2%. even some members of the g.o.p. are encouraging lawmakers to support the tax hikes in exchange for a broader deal on health and retirement programs. mainly republicans want to...
239
239
tv
eye 239
favorite 0
quote 0
fiscal cliff. but right now they're miles apart and digging in their heels. president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't t
fiscal cliff. but right now they're miles apart and digging in their heels. president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers....
99
99
Dec 1, 2012
12/12
by
CSPAN
tv
eye 99
favorite 0
quote 0
later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. tomorrow on ", washington "" robert -- "washington journal," robert van order on the mortgage loan forgiveness. adult'eman on being an with autism. plus, your emails, phone calls, and tweets. >> c-span, created by cable companies and venture 1979, brought to you as a public service by >> president obama talked about the so-called fiscal cliff and his proposal to end the bush era tax cuts. he spoke at a manufacturing facility in hatfield, pennsylvania, for about 25 minutes. >> thank you! [cheers and applause] >> well, good morning, everybody. everybody, please have a seat, have a seat. relax for a second. it is good to see all of you. hello, hatfield! it is good to be back in pennsylvania and it is good to be right here at connects. i want to thank michael airington and the inventor of connects, joel glickman, for hosting me today. where'd they go? stand up so everybody can see you guys. there you go! i just noticed, we got a couple of outstanding members of congress here. chaka pata,
later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. tomorrow on ", washington "" robert -- "washington journal," robert van order on the mortgage loan forgiveness. adult'eman on being an with autism. plus, your emails, phone calls, and tweets. >> c-span, created by cable companies and venture 1979, brought to you as a public service by >> president obama talked about the so-called fiscal cliff and his proposal to end the bush era tax...
279
279
Dec 7, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 0
. >>> there's no deal to resolve the fiscal cliff but there are indications of inside-the-scenes talk. the white house told reporters that lines of communication remain open not sure exactly what that means but a spokesman for house speaker john boehner used a similar phrase. maybe that means call me? i don't know. analysts say there are some suggestions that there's real progress that can be made. >>> a 7.3 magnitude earthquake hit the northeastern coast of japan this morning, the same area as the devastating march 2011 quake. but there was a tsunami warning canceled and reports of injuries or damage even though the quake shook buildings. workers at the fukushima nuclear plant were ordered to higher ground as a precaution. >>> our guest host is dan gilbert, he's chairman and founder of quicken loans and the owners of the nba's cleveland cavaliers and among the topics we're ready to talk about dan, the risk of the looming fiscal cliff and the broader economy. we'll start with this morning's other top stories. dan, welcome, great to have you here. >> great to be here. >> we want to fin
. >>> there's no deal to resolve the fiscal cliff but there are indications of inside-the-scenes talk. the white house told reporters that lines of communication remain open not sure exactly what that means but a spokesman for house speaker john boehner used a similar phrase. maybe that means call me? i don't know. analysts say there are some suggestions that there's real progress that can be made. >>> a 7.3 magnitude earthquake hit the northeastern coast of japan this...
2,940
2.9K
Dec 3, 2012
12/12
by
CNNW
tv
eye 2,940
favorite 0
quote 1
plan for avoiding the fiscal cliff. >>> if you follow the pope spiritually, you can now do it virtually. and this is very cool. pope benedict xvi's twitter account went live in seven languages today and it's got thousands of followers just within minutes even though the pope hasn't sent out a tweet yet. we're told that is to happen next wednesday. it is a bit, weird, isn't it? you have a twitter account and you to wait a week and a half for the pope to tweet. the pope says he'll kick off the twitter account with a q & a session. >> whenever the vatican does something really big and important, they always do it in multiple languages which is why they're doing this twitter feed in english and german and arabic. what will happen on wednesday is he'll be answering some questions on twitter. one of the reasons they said he wanted to get involved with this social networking site was he wanted to connect with people in social media. and so what better way than to take a few questions, #askpo questions, #askpontifex. >> every tweet will be seen and approved by the pope and it is unlikely he'll
plan for avoiding the fiscal cliff. >>> if you follow the pope spiritually, you can now do it virtually. and this is very cool. pope benedict xvi's twitter account went live in seven languages today and it's got thousands of followers just within minutes even though the pope hasn't sent out a tweet yet. we're told that is to happen next wednesday. it is a bit, weird, isn't it? you have a twitter account and you to wait a week and a half for the pope to tweet. the pope says he'll kick...
222
222
tv
eye 222
favorite 0
quote 0
the white house is preparing for the worst if negotiations fail to avoid the fiscal cliff. >> one possibility in all of this, simply no agreement. the impact on the government and every single american taxpayer. it's thursday, december 6th. >> announcer: from abc news, this is "world news now." >>> good thursday morning. >> morning. >> i'm paula faris. we did establish morning is spelled m-e-r-n-i-n-g. >> m-e-r-n-i-n-g. nicely done. >> "merning," everybody. >> i'm rob nelson. we'll get to the discouraging situation on the fiscal cliff in just a moment. and we do have even a visual this morning. >> not yet. >> going to wait for it? very high tech. >> so high tech. working on this prop all day. all morning. >> weeks of planning. >>> we also have a major development in the case of software mogul john mcafee he was actually arrested last night. and this morning, police are taking more action after he tried to seek asylum in guatemala. a strange story gets even stranger. again he is now under arrest. >> bizarre to the nth degree there. >> yeah. >>> also this morning -- weeding through all the deta
the white house is preparing for the worst if negotiations fail to avoid the fiscal cliff. >> one possibility in all of this, simply no agreement. the impact on the government and every single american taxpayer. it's thursday, december 6th. >> announcer: from abc news, this is "world news now." >>> good thursday morning. >> morning. >> i'm paula faris. we did establish morning is spelled m-e-r-n-i-n-g. >> m-e-r-n-i-n-g. nicely done. >>...